- August 9, 2016
- Posted by: Jeromy Lukenbaugh
- Category: press releases
OKLAHOMA CITY – OKLAHOMA – Not long ago, Oklahoma earthquake insurance was out of the question. There was no reason for it. Over the last few years, the number of quakes in Oklahoma has risen exponentially and steadily. Between 2000 and 2008, there were 12 earthquakes of a 3.0 or greater magnitude. Last year alone, there were 907 (Office of the Secretary of Energy and Environment). For the first time in history, Oklahoma is as seismic as California (Time).
As Oklahomans were learning that their homeowners insurance policies and commercial property policies did not cover ‘induced’ quakes, Midlands Management Corp. delivered an affordable and comprehensive Earthquake Insurance Product to the market. This product effectively closes the gap between primary property coverage and induced earthquakes, protecting Oklahoma home- and business property owners from all kinds of seismic activity.
Today, Midlands launched a new online portal for Earthquake Insurance. Now, agents can login to the portal to quote or instantly bind residential earthquake coverage for their clients. Unprecedented, ground-breaking and user-friendly, this portal allows agents to instantly present their homeowner clients with an affordable add-on for earthquake coverage – no matter the primary insurer.
Midlands Management Corp. is a leader in the wholesale brokerage and insurance services industries. For more than 25 years, Midlands has been protecting critical financial assets by providing total insurance solutions. Find out more at midlandsmgt.com.